Wegagen Bank has inaugurated its tallest Headquarters
building, the most distinctive figure in Addis skyline with
its elegant architectural design built in the melting
pot of the city opposite to Addis Ababa Stadium.

The New Light
in the Sky


Reinventing the iconic

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Wegagen Bank S.C was established on June 11, 1997.

Wegagen Bank SC was established on the 11th of June 1997 It came to life as a result of the entrepreneurial wit of sixteen 16 founding members who recognized the critical role that financial institutions would play towards creating a sustained economic development and were able to put in an initial paid-in capital of Birr thirty million (Birr 30 Million).

Established under the banking proclamation of Licensing and Supervision, Proclamation No. 84/1994, the Bank was registered with the National Bank of Ethiopia on April 30, 1997. The Memorandum and Articles of Association of the Bank were signed on April 15th, 1997 and registered with the Addis Ababa Bureau of Trade, Industry and Tourism on April 15, 1997, Registration Number 1/34/4/89.

The Bank, as it started back then, operated through its Head Office located in Gofa Sefer, Addis Ababa. In October 2017, Wegagen moved to its 23 Storey Headquarters Building in front of Addis Ababa Stadium, Ras Mekonnen Street.

Our Values

Honesty, Integrity and Loyalty

We are fair, transparent, and honest. By being sincere and consistent in our behavior, we are accountable and transparent in our actions, thereby delivering our promises.

Service Excellence

We strive for excellence and quality in everything we do. We are committed to satisfy our customers by providing timely, responsive and proactive services.


Our customers will be served by competent and highly trained employees providing professional, courteous and friendly service. We are hardworking, committed, efficient and responsible.

Equal Employment Opportunity

We provide equal employment opportunity for all irrespective of their origin, ethnicity, religion, disability, gender, etc.

Learning and Innovation

We encourage learning, initiatives and new ideas, recognize people for their creativity, and challenge existing practices, as well as seek and identify improvements.We enhance team sprit; share our expertise, ideas, information and knowledge to achieve our common goals.

Social Responsiveness

We do everything we can to contribute to the community we work in. As a good corporate citizen, we actively participate in deserving social activities

Respect and Dignity

We respect and value those we work with, and the contribution that they make. We act fairly, ethically and openly in all we do.

Good Corporate Governance

We comply with laws, rules, regulations of the country and international laws.